Hi
Spanish banks offer better terms for pensioners but in order to gain these you need to transfer your pension to them.
In the UK, BGC (Bank Giro Transfer) is used, but this is UK only.
Presumably BACS is used when you ask to have your pension sent to Spain.
This being the case can the bank actually tell if the money comes from a pension or not?
Spending only part of my time in Spain I have no wish transfer my entire pension direct to Spain but could easily set up a transfer annotated with my NI No or pension No. and send a smaller amount.
Anyone do this? or able to enlighten us further?